The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Financial / Insurance/ Estate 68 - Real estate activities 68 - Real estate activities with own property and development of building projects 68.1 - 68 - Real estate activities with own property and development of building projects
300 jobs Number of planned job creations
Announcement Date
15 March 2007
Employment effect (start)
31 December 2008
Foreseen end date
Description
Real estate development/investment company CRESTYL intends to invest one billion Czech crowns into a large multifunctional commercial complex with offices, shops, restaurants, apartments and parking garages in the Most city. The project will bring 300 direct jobs and another 650 job opportunities will be created as part of construction activities. The complex is to open by the end of 2008.
Sources
15 March 2007: Hospodárske noviny
Citation
Eurofound (2007), CRESTYL, Business expansion in Czechia, factsheet number 65136, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/65136.